stETH
Lido stETH
Lido's rebasing liquid-staking token — accrues ETH staking yield via daily balance rebases.
stETH is the largest LST by far. Used as collateral on Aave, Spark, Morpho; underlies many yield strategies. Wrap to wstETH for non-rebasing wallets / contracts that don't handle balance changes well.
Related terms
- LidoThe largest liquid-staking protocol, issuer of [[steth]] / [[wsteth]] — the dominant ETH-staking yield vehicle.
- wstETHA non-rebasing wrapper of Lido stETH — share-price grows with staking yield.
- LST (liquid staking token)A receipt token representing a staked PoS asset — accrues staking rewards while remaining transferable.